The Best 11 Highest Paying Entry Level Jobs in Finance

For new graduates and career changers with a passion for finance, the right entry-level position can be more than a stepping stone – it can be the launchpad to a lucrative and satisfying career. But not all entry-level jobs are the same. Some of the highest paying entry level jobs in finance offer impressive salaries, industry prestige and a fast path to career advancement. Imagine finding a role that not only helps you develop crucial skills but also rewards you with a competitive salary from day one.

The finance sector is known for its high rewards, and even at the entry level, some positions command salaries far above the national average. From investment banking analysts who help orchestrate high-stakes deals to financial analysts who guide strategic decisions, these roles bring more than just a salary – they provide insight into important industry functions and the chance to build a strong professional network. For those with an ability to understand numbers and a strong will to succeed, these roles are the gateway to an exciting career path.

But how do you choose the best role for you? Exploring the best 11 highest paying entry level jobs in finance can provide valuable insight into the responsibilities, challenges, and rewards of each position. Whether you’re interested in financial planning, credit analysis, or data-driven roles, each job on this list features growth potential as well as impressive starting salaries, setting you up for a prosperous future in one of the world’s most in-demand industries. Read on to find out which path best suits your aspirations—and start building the finance career of your dreams.

Highest Paying Entry Level Jobs in Finance

Navigating the finance industry as a recent graduate can be daunting, but entry-level jobs offer a solid foundation for growth, valuable experience, and the potential for high earnings. Below, we delve into some of the top entry-level finance positions, their responsibilities, and salary expectations. If you’re looking to launch a career in finance, these roles provide diverse opportunities to develop your skills and begin building a rewarding professional path.

Top Entry-Level Finance Jobs

Finance offers a wide array of roles for new graduates. Each position below plays a distinct part in the financial ecosystem, giving young professionals a chance to explore the industry and find their niche.

Job Descriptions and Salary Ranges

1. Financial Analyst

Average Salary: $64,239 per year
Financial analysts play a critical role in helping businesses make informed decisions. By examining financial data and market trends, they provide insights that influence budgeting, investments, and business strategy. This role requires strong analytical abilities, attention to detail, and proficiency in financial modeling.

2. Investment Banking Analyst

Average Salary: $100,000 – $120,000 per year
An investment banking analyst supports senior bankers in raising capital, executing mergers and acquisitions, and providing strategic advice to clients. Known for its high pay and challenging work environment, this role demands long hours, strong financial acumen, and the ability to perform under pressure. It’s a competitive field that serves as a springboard to more senior roles in finance.

3. Financial Planning and Analysis (FP&A) Analyst

Average Salary: $70,000 – $90,000 per year
FP&A analysts focus on helping businesses shape their strategic direction by developing financial models and forecasts. They are instrumental in budgeting, resource allocation, and long-term planning. This position is well-suited for those with strong quantitative skills who enjoy forecasting and scenario analysis.

4. Accounting and Auditing Positions

Average Salary: $50,000 – $70,000 per year
Accountants and auditors are responsible for preparing, examining, and ensuring the accuracy of financial statements. They play a vital role in maintaining compliance with regulations and standards, such as GAAP. For those meticulous with numbers and detail-oriented, this position provides an essential function in both private and public sectors.

5. Personal Financial Advisor

Average Salary: $60,000 – $90,000 per year
Personal financial advisors work closely with individuals to craft tailored financial plans, focusing on investment, retirement, and estate planning. This role requires excellent interpersonal skills and a deep understanding of financial products. Personal financial advisors are often compensated through a combination of fees and commissions, making this a lucrative path for those who can build a steady client base.

6. Budget Analyst

Average Salary: $60,000 – $80,000 per year
Budget analysts manage and allocate resources by developing and maintaining budgets for various departments and projects within an organization. They ensure efficient use of funds and monitor spending to prevent overages. This role combines financial insight with organizational strategy and often involves close collaboration with department heads.

7. Credit Analyst

Average Salary: $50,000 – $70,000 per year
Credit analysts evaluate the creditworthiness of individuals or organizations seeking loans. They review financial statements, credit reports, and economic conditions to determine risk levels. This is an ideal role for those with a keen eye for detail and a knack for risk assessment.

8. Data Analyst

Average Salary: $50,000 – $70,000 per year
Data analysts interpret and analyze complex datasets to help companies make informed decisions. While data analysis spans industries, in finance, it’s crucial for predicting trends, identifying risks, and improving operational efficiencies. Strong skills in statistics and proficiency with data analysis tools are essential.

9. Insurance Underwriter

Average Salary: $50,000 – $70,000 per year
Insurance underwriters assess the risk of insuring individuals or entities and determine policy terms. They use risk assessment tools to evaluate applications and make coverage recommendations, balancing potential losses with profitability for the insurer. This role suits those who enjoy analyzing information and making calculated decisions.

10. Loan Officer

Average Salary: $50,000 – $70,000 per year
Loan officers evaluate and approve or recommend loan applications for individuals and businesses. They assess credit reports, collateral, and the applicant’s ability to repay the loan. Strong interpersonal skills are essential, as loan officers frequently interact with clients and explain financial options and terms.

11. Management Analyst

Average Salary: $60,000 – $90,000 per year
Management analysts, or consultants, help organizations enhance operational efficiency. They analyze procedures, systems, and workflows to identify areas for cost reduction and process improvements. This role often requires travel and interaction with various departments, making it ideal for those who enjoy solving problems and optimizing business practices.

Career Development and Job Search

Breaking into finance requires more than just a degree. To maximize your chances of landing an entry-level finance jobs, consider these strategies:

• Develop a Strong Understanding of Financial Principles
  Familiarize yourself with financial concepts, such as discounted cash flow, risk assessment, and capital markets. An in-depth understanding of these principles makes you a more attractive candidate to employers.
• Gain Relevant Experience through Internships
  Internships or part-time positions provide hands-on experience that sets your resume apart. They offer insight into the industry and help you build valuable skills that recruiters look for in entry-level candidates.
• Build a Professional Network
  Attend industry events, join professional associations, and connect with alumni. Building a network can lead to job opportunities, mentorship, and guidance as you advance in your career.
• Craft a Strong Resume and Cover Letter
  Highlight any relevant skills, coursework, or experience. Tailor your resume to each role and create a cover letter that emphasizes your passion for finance and commitment to the industry.
• Prepare for Common Interview Questions
  Practice responses to questions like “Why finance?” or “What motivates you in this role?” Additionally, familiarize yourself with technical questions related to finance to demonstrate your expertise during interviews.

Salary Expectations and Industry Insights

The finance industry is known for its lucrative salary potential, even for entry-level jobs. On average, finance professionals earn salaries far above the national average, with some positions paying more than $100,000 per year. According to industry data, the average salary for a finance major is around $124,000 per year, and finance-related occupations consistently rank among the highest-paying fields.

In addition, demand for finance professionals is expected to remain strong, with the Bureau of Labor Statistics projecting strong growth in roles such as financial analysts. The industry’s emphasis on data-driven decision-making and economic forecasting contributes to the high demand for analytical talent.

The most lucrative entry-level finance jobs include positions in investment banking, financial planning, and management consulting. These jobs require a combination of technical skills, business acumen, and often extensive client interaction, which rewards those who are willing to invest the time and effort necessary to excel.

Conclusion: highest paying entry level jobs in finance

Entry-level finance jobs offer recent graduates a variety of opportunities to gain experience, develop skills, and earn a competitive salary. As the industry continues to grow, new graduates who are proactive about building their knowledge, gaining practical experience, and establishing a strong network will find ample opportunities for advancement. By choosing the right entry-level jobs, finance professionals can set themselves on a rewarding career path and achieve long-term success in this dynamic industry.